ATR % of yesterday close with SMA (Bull/Bear colored)

7월 21일

This script visualizes the Average True Range (ATR) as a percentage of a user-selected price point for a quick view of volatility.

ATR % values are plotted as a color-coded histogram. Bullish days (close > prior close) paint the bar green; bearish days (close < prior close) paint it red; unchanged days are gray.

Two simple moving average (SMA) overlays to reveal volatility trends.

Variables:

Histogram bars represent ATR as a % of one of:
 - Previous Close (default option)
 - Previous Open
 - Today Close
 - Today Open

Two SMA lines (default: blue for 20-period, orange for 5-period) shown on ATR % for trend/range regime tracking.

Optionally display the ATR % in continuous line (yellow)—hidden by default.

If you find it helpful, feel free to share any feedback and how you incorporate it into your trading strategy with the community!

9월 12일

릴리즈 노트

Added 2 more SMA line options with default values of 50 and 250 days.